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Prime Development Land And Approved Plans
R 10,500,000
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General Details
Location:
For Sale By:Agency
Description
Mandated by S3 Properties
This PRIME Development land is situated in Krugersdorp, near to Silverstar Casino, Cradlestone Mall and Featherbrook Estate. The vacant land measures at 8850 sm has approval plans in place for 55 dwelling units.
Zoning is ‘ Residental 4’
The SDP is designed for a triple storey application with 55 sectional type units, varying between 62 and 86 square meters in gross floor size as follows :
TYPE A : 5 Blocks x 6 units per Block = 30 unit
TYPE B : 5 Blocks = 5 units
TYPE C. : 5 Blocks x 4 units = 20 units
The surrounding area is being developed at a fast pace according to the demand in the area with approved SDP’s in place, this property development is ready to break ground almost immediately.
A Cell Tower has been developed on the property to generate additional revenue. R10.5m for great development land.
Please contact me for further information
.
Property Reference #: 122
Agent Details:
Robin Thuynsma
S3 Properties
This PRIME Development land is situated in Krugersdorp, near to Silverstar Casino, Cradlestone Mall and Featherbrook Estate. The vacant land measures at 8850 sm has approval plans in place for 55 dwelling units.
Zoning is ‘ Residental 4’
The SDP is designed for a triple storey application with 55 sectional type units, varying between 62 and 86 square meters in gross floor size as follows :
TYPE A : 5 Blocks x 6 units per Block = 30 unit
TYPE B : 5 Blocks = 5 units
TYPE C. : 5 Blocks x 4 units = 20 units
The surrounding area is being developed at a fast pace according to the demand in the area with approved SDP’s in place, this property development is ready to break ground almost immediately.
A Cell Tower has been developed on the property to generate additional revenue. R10.5m for great development land.
Please contact me for further information
.
Property Reference #: 122
Agent Details:
Robin Thuynsma
S3 Properties
Id Subtitle 1146541867
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Estimated monthly repaymentR 113,790
Total property loan amountR 10,500,000
Total interestR 16,809,418
Total repaymentR 27,309,418
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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